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Did The Economist miss the point?
By Rolf on 13 May 2014
Ten days ago, a teaser on the cover of The Economist proclaimed the “Death of the fund manager”. Inside, there was a leader – which is what The Economist calls its editorials – and a lengthy article. Given the tone of the teaser, the content is hardly surprising. It berates financial intermediaries for their greed […]
Posted in Active/passive management, Investment strategy | Tagged Asset allocation, Manager selection | 1 Response
Bill Sharpe’s dim views on smart beta
By Rolf on 25 May 2014
Advisor Perspectives has run a story under the title Bill Sharpe: "Smart beta makes me sick". Since smart beta looks like it is going to be around for a while, Bill is likely to keep suffering for some time – if the story quotes his views correctly. But what seems to be causing Bill Sharpe […]
Posted in Comments/ramblings | Tagged CAPM, Smart beta